The Bank of England is working on radical plans to inject cash directly into the British economy as a last resort to reverse a slide into recession, a newspaper reported on Friday...
Britain has been through the worst of the recession and will return to modest growth in the second half of 2010, an influential business group said in its latest economic forecast on Monday...
LONDON, Sept 1 - British Prime Minister Gordon Brown has called for greater international coordination to ensure the world economy can return to sustained growth following the financial crisis. "The challenge building in London and...
April 22 - Britain's economy will shrink by 3.5 percent in 2009, finance minister Alistair Darling said on Wednesday, the worst performance since World War Two. Here is a timeline of the British economy since...
LONDON, April 22 - The British economy will shrink by 3.5 percent in 2009, finance minister Alistair Darling said on Wednesday, the fastest rate of contraction since World War Two. The finance minister also forecast...
Nov 12 - Among a group of thinkers who predicted the credit crunch in 2003, the London-based New Economics Foundation is now advancing radical proposals on ways to rebuild the British economy. In its overview...
LONDON, Nov 6 - The Bank of England is not yet finished with its hatchet job on interest rates as it focuses attention on steering the British economy out of recession and away from reducing...
LONDON, Oct 24 - European stocks fell as much as 7 percent in early trade on Friday, with banks tumbling after data showed that recession will likely hit the British economy and a slew of...
LONDON, Oct 24 - The British economy shrank more than expected and for the first time in 16 years in the third quarter of 2008, as fears grow the country could be in for a...
By Sumeet Desai LONDON, Sept 1 - Much is being made of a warning by British finance minister Alistair Darling over the economy this weekend but the reality...